Quote:
Originally Posted by piece-itpete
What's the dealeo with 'raising taxes on the rich' starting at 251k then? Something about 15k being more than 100k perhaps?
Pete
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The deal with taxing the rich is that they won't only be taxing the rich...they'll be taxing everyone with two nickles to rub together.
Several cases in point.
Congress passed the AMT, otherwise known as the "millionaires tax" to catch maybe 6-9 wealthy people who got by without paying taxes. Now millions of Americans get hit by it, the vast majority who in no way are millionaires.
Then they fixed the credit cards. My rates effectively doubled, but since I was a "valued and creditworthy customer" (875 rating) they raised my credit limit.
Thanks for nothing, you assholes.
Now that we've fixed healthcare (PPACA), I've yet to talk to anyone who's rates aren't going up significantly, but are having their benefits lowered at the same time.
And for some reason, I think that "taxing the wealthy" will wind up meaning that the government will only seize a larger percentage of any disbursements I should take from my IRA's, etc, while at the same time deflating the value of the limited amount of assets I currently have with their inflationary policies.
Inflation is great if you've lived beyond your means and are asshole deep in dept, but it punishes the frugal and thrifty.
Not only do I not trust the bastards, but I've come to the conclusion that whatever they say means exactly the opposite.
Chas